Hong Kong’s financial regulator launched an initiative to assist banks in implementing distributed ledger technology (DLT). The Hong Kong Monetary Authority (HKMA) introduced the Supervisory Incubator for Distributed Ledger Technology…

DeFi protocol Frax Finance introduced a new dollar-pegged stablecoin backed by tokenized assets from BlackRock’s treasury fund. The initiative aims to bridge the gap between TradFi and DeFi. Frax Finance…

BNP Paribas participated in trials of three different DLT solutions for wholesale payments available within the Eurosystem, utilizing its own blockchain platforms. Representatives of financial conglomerate BNP Paribas reported successful…

Societe Generale and Banque de France completed a transaction using tokenized bonds as collateral to secure a loan in a central bank digital currency (CBDC). All operations were entirely conducted…

Retail investors will, for the first time, gain direct access to purchasing uranium through the launch of a new decentralized trading platform within the Tezos ecosystem. The Tezos blockchain team…

German FinTech company 21X obtained a European license to operate the first fully regulated blockchain-based trading platform. 21X received approval from Germany’s Federal Financial Supervisory Authority (BaFin) to operate a…

Hong Kong authorities intend to subsidize companies issuing tokenized bonds. Moreover, several tax incentives for institutional investors, including exemptions on capital gains from digital asset transactions, are being discussed. The…

Ripple and Archax introduced the first tokenized money market fund built on XRP Ledger (XRPL), fully regulated under U.K. legislation.  In collaboration with Ripple, crypto exchange Archax provided access to…

The Commodity Futures Trading Commission (CFTC) approved the use of tokenization to manage trade collateral in the U.S. derivatives markets. The CFTC’s Global Markets Advisory Committee issued a recommendation to…